£168,905
This estimated value is based upon the latest sale price for the house of £98,000 on 11 Nov 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £98,000 | 11 Nov 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 799 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in November 2011 the House Price Index for LINCOLNSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £98,000 results in an estimated price of approximately £168,905.
| 11 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £98,000 | £70,905 | £168,905 |
The Postcode Pricing Model uses changes in average sales price within the PE21 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 44.620 % | £43,727 | £141,727 |
| 3 Month Average | 38.545 % | £37,774 | £135,774 |
| 6 Month Average | 50.427 % | £49,418 | £147,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £89,018 | £87,700 | 45 FRAMPTON PLACE |
| 16 Nov 2023 | £81,202 | £80,000 | 38 PORTLAND STREET |
| 10 Mar 2023 | £116,094 | £115,000 | 24 PORTLAND STREET |
| 7 Mar 2023 | £126,189 | £125,000 | 5 SLEAFORD ROAD |
| 1 Feb 2023 | £109,926 | £110,000 | 1 PORTLAND STREET |
This house has a floor area of 74 sq meters or 799 sq feet when measured on 4 Jul 2011. Using an estimated price of £168,905 means this house is valued at £2,273 per sq meter (£211 per sq foot).
The average size of a house on SLEAFORD ROAD is 120 sq meters (1,301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Albert Terrace |
| Mar 2024 | Anti-social behaviour | On or near Albert Terrace | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Terrace |
| Feb 2024 | Anti-social behaviour | On or near Albert Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Albert Terrace |